Wait for confirmation to take entry such as: 1. Double bottom 2. RSI divergence 3. Oversold
@TradeYodha TradeYodha.com GBPUSD 4H Hour Short 1. Price action running in consolidation 2. ABCD pattern completes around 1.27 extension of AB (harmonic move) 3. Butterfly Pattern completes in the same area 4. 200 SMA is close to the area of possible short 5. RSI is reaching overbought but wait for confirmation and overbought scenario Plan your battle well in...
@TradeYodha TradeYodha.com Possible AUDUSD 1 Hour Bullish Counter Trend Opportunity 1. Retracement to 38.2 and 61.8 levels 2. Previous structure at targets 2. 50 SMA and 200 SMA around 2 targets 3. Price currently consolidating in a range 4. RSI is not oversold or overbought so wait for the confirmation Plan your battle well in advance and win. (Just my ideas,...
#AUDCAD BAT Patterns 2 shorting opportunities on 60 min
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible GBPNZD Bearish Bat Pattern Daily Short Opportunity 1. Previous structure 2. All SMAs are lagging 3. Price reaching 0.886 level 4. RSI is about to get over sold 5. Wait for confirmation
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible EURJPY Short 60 M Short Opportunity 1. Previous solid structure in the rectangle shaped area 2. 78.6 FIB level confluence of leg AB with 161.8 level of BC extension 3. 200 SMA is close to that region 4. 10 SMA is not lagging behind the price so early retracement is less of a possibility 5....
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible EURUSD Short 30 M Long Opportunity (Bat Pattern) 1. Bat Pattern 2. D point of Bat Pattern is in line with 200 SMA. Price can come there again to re-test 3. 2 Possible Targets
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible AUDCAD 15m Short Opportunity (slightly risky) 1. RSI Divergence 2. Double Top 3. RSI Oversold 4. 200 SMA lagging 5. Reaching a resistance area
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible EURNZD 4H Long Opportunity (slightly risky) 1. Last high restructure broken starting an up trend 2. Market rejected 61.8 level and a retrace has started 3. SMA lagging (10 SMA and 50 SMA). Price can go there to retest. They are close to key FIB levels 4. 10 SMA and 50 SMA are lagging 5....
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible GBPJPY 4H Short Opportunity 1. Clear Cypher Pattern 2. RSI reaching overbought level soon 3. 10 SMA and 50 SMA are lagging 4. Must wait for a confirmation (double top and/or bearish rsi divergence) before going short 5. Can take 2 targets close to 10 and 50 SMA
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible EURUSD Hourly 2618 Style Long Opportunity 1. Bullish divergence earlier 2. Double bottom earlier 3. Can expect a retracement to 61.8 level of last impulse leg 4. Must wait for a confirmation before going long at 61.8 level. 5. First target @ 127.2 level where the fall started 6. Extended...
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible USDCAD Counter-Trend Short Opportunity 1. it is massively over bought in all time frames 2. Monthly chart is reaching a previous structure where we can see a good retrace/reversal 3. On Monthly chart it has just touched 200 SMA which can make it bounce to the down side. 10 SMA and 50 SMA...
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible EURJPY Trend Following Short Opportunity 1. Underlying Trend is Short. It has reached a particular level where it may try to retest previous highs (there is a counter trend opportunity as well) 2. 78.6 fib at the previous high 3. 10 SMA and 50 SMA are lagging behind and around the same area...
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible NZDJPY Trend Following Short Opportunity 1. Underlying Trend is Short. It has reached a particular level where it may try to retest previous highs (there is a counter trend opportunity as well) 2. 78.6 fib at the previous high 3. 10 SMA and 50 SMA are lagging behind and around the same area...
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible NZDJPY Countrend Long Opportunity 1. Harmonic ABCD Pattern completed 2. Reaching 61.8 level of previous leg 3. This level was a resistance in past 4. Price is getting oversold on RSI 5. Has just crossed 200 SMA but other SMAs are lagging behind. Price may try to reach back to those 10 SMA and 50 SMA
@TradeYodha TradeYodha.com (Just my ideas, do you own analysis) Possible NZDJPY Countrend Long Opportunity 1. Harmonic ABCD Pattern completed 2. Reaching 61.8 level of previous leg 3. This level was a resistance in past 4. Price is getting oversold on RSI 5. Has just crossed 200 SMA but other SMAs are lagging behind. Price may try to reach back to those 10 SMA and 50 SMA
Watch AUDUSD H4 (20 Min) 1. Support was broken @0.80467 2. Will try to re-test last high 3. 10 SMA, 50 SMA and 200 SMA are lagging behind and are close to the last high 4. 0.618 fib level is right at the place where last high was making it a good place to short 5. Stop @ 0.81758 6. First Target @ 0.79255 7. Second Target tail as it is reaching weekly support area...